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  #4801  
Old Posted Jul 24, 2016, 1:02 PM
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  #4802  
Old Posted Jul 24, 2016, 3:46 PM
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  #4803  
Old Posted Jul 24, 2016, 3:54 PM
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  #4804  
Old Posted Jul 24, 2016, 4:24 PM
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  #4805  
Old Posted Jul 24, 2016, 6:43 PM
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  #4806  
Old Posted Jul 24, 2016, 7:00 PM
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Quote:
Originally Posted by the urban politician View Post
With River North getting so hot, Asbury Plaza's garage, long an eyesore, must be getting eyed by developers.

Is there any hope that it might get redeveloped in the next 10 years? One advantage: unlike Holy Name it's privately owned, and unlike the Rock n Roll McD's it's not owned by a global Fortune 500 behemoth.
I always wondered about that. But do you just tell all the residents with cars to park somewhere else for the next nine hundred days? Rents would experience some downward pressure; I wonder how the leasing office would mitigate that. Maybe a "That Was Easy!" red rideshare call button in the lobby or something.
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  #4807  
Old Posted Jul 24, 2016, 10:10 PM
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  #4808  
Old Posted Jul 24, 2016, 10:47 PM
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  #4809  
Old Posted Jul 24, 2016, 11:24 PM
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  #4810  
Old Posted Jul 25, 2016, 1:24 AM
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  #4811  
Old Posted Jul 25, 2016, 1:44 AM
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  #4812  
Old Posted Jul 25, 2016, 2:24 AM
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  #4813  
Old Posted Jul 25, 2016, 3:08 AM
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  #4814  
Old Posted Jul 25, 2016, 10:17 AM
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That isn't snow, it is the limestone gravel put down as they prepare to pour the basement floor.

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  #4815  
Old Posted Jul 25, 2016, 2:26 PM
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I went by Atrium Village yesterday. It looked like a little piece of the crane had been built - maybe a max of 10 feet. Not sure if they're just starting to do this or if they were doing it before and stopped.
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  #4816  
Old Posted Jul 25, 2016, 3:03 PM
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dang Harry, how can you even keep up with all of this activity!
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  #4817  
Old Posted Jul 25, 2016, 5:07 PM
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Quote:
Originally Posted by marothisu View Post
I went by Atrium Village yesterday. It looked like a little piece of the crane had been built - maybe a max of 10 feet. Not sure if they're just starting to do this or if they were doing it before and stopped.
Thanks for the update
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  #4818  
Old Posted Jul 25, 2016, 5:42 PM
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http://www.chicagobusiness.com/realestat...hoot-down-proposed-condos-on-church-site

Quote:
Neighbors shoot down proposed condos on church site

A proposal to build a 12-story luxury condominium tower on the site of a 19th century church next to Lincoln Park has fizzled after being shot down by the board of the building next door.

Zev Salomon of Ranquist Development Group wanted to develop the project on the site of the Hermon Baptist Church , a 19th century church on Clark Street in Old Town. But he needed to buy the development rights on a site next door from the neighboring Kennelly Square condos, and residents of the building, some of whom would have lost their views, wouldn't sell.

"We're frustrated, but we'll move on," said Rev. Keith Edwards, pastor of the church, an African-American congregation that has tried to sell the building several times since 2012. "We thought we would get more support from the community for our move, but it's not coming."

Salomon confirmed he wanted to build a 12-story tower with 11 condominiums priced from $2 million but last week withdrew his proposal after it was opposed by the Kennelly Square board. As a result, the church is going back up for sale.

Though residents in neighboring buildings don't typically have veto power over proposed towers nearby, they did in this case because Kennelly Square owns the air rights Salomon needed to build his tower.
Quote:
"Views were really not the significant issue" in Kennelly Square 's rejection of the Salomon proposal, said Jim Houlihan, Kennelly Square 's paid representative in discussions of the plan. Houlihan, a former Cook County Assessor, is a senior adviser at All-Circo, a Chicago government relations consultancy.

A committee of Kennelly Square board members vetted Salomon's proposal and pronounced it "too crowded," Houlihan said. The neighborhood is a mix of three- or four-story vintage buildings and a few 20th century high-rises, including 22-story Kennelly Square and the 44-story Eugenie Terrace half a block south of Hermon Baptist.
Too crowded my ass. What a bunch of NIMBYs
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  #4819  
Old Posted Jul 25, 2016, 6:51 PM
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When a property owner chooses not to sell for a particular price, they become a NIMBY?
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  #4820  
Old Posted Jul 25, 2016, 7:00 PM
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Originally Posted by Mr Downtown View Post
When a property owner chooses not to sell for a particular price, they become a NIMBY?
What the hell are you talking about? Did you even read the article or anything I quoted from the article? Obviously you didn't or misread it. They denied it because they thought that building a 12 story building in that location would make the area too "crowded" with high rises.

Maybe if I quote it another time, you'll actually read it
Quote:
"Views were really not the significant issue" in Kennelly Square 's rejection of the Salomon proposal, said Jim Houlihan, Kennelly Square 's paid representative in discussions of the plan. Houlihan, a former Cook County Assessor, is a senior adviser at All-Circo, a Chicago government relations consultancy.

A committee of Kennelly Square board members vetted Salomon's proposal and pronounced it "too crowded," Houlihan said. The neighborhood is a mix of three- or four-story vintage buildings and a few 20th century high-rises, including 22-story Kennelly Square and the 44-story Eugenie Terrace half a block south of Hermon Baptist.
This had nothing to do with price.
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